The following is Addison Corporation's contribution format income statement for last month: The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month.
-What is the company's degree of operating leverage?
A) 0.12
B) 2.5
C) 0.4
D) 3.3

Question

The following is Addison Corporation's contribution format income statement for last month:  The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month.
-What is the company's degree of operating leverage?
A) 0.12 
B) 2.5 
C) 0.4 
D) 3.3

Quizplus · Accepted Answer

The Answer of The following is Addison Corporation's contribution format income statement for last month:  The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month.
-What is the company's degree of operating leverage?
A) 0.12 
B) 2.5 
C) 0.4 
D) 3.3

The Following Is Addison Corporation's Contribution Format Income Statement for Last